Elon Musk Denies Interest in TikTok Acquisition Amid Security Concerns

Elon Musk has definitively stated that he has no interest in acquiring TikTok, responding to speculation that he might consider a purchase amid ongoing national security concerns regarding the app's Chinese ownership. During a recent virtual event in Germany, Musk emphasized that he does not use TikTok and has not placed any bid for the platform, explaining that he typically prefers to build companies from scratch rather than acquire them. He acknowledged that the discussions around TikTok's future stem from a U.S. law mandating ByteDance to divest from the app or face a ban, with a deadline set for April. Although former President Donald Trump suggested Musk could be a potential buyer, TikTok has consistently denied any reports of discussions regarding a sale to him. The ongoing scrutiny of TikTok in the U.S. continues as lawmakers express concerns about data privacy and potential ties to the Chinese government. Musk's comments add clarity to his position, as he described the acquisition of TikTok as unlikely and not aligned with his usual business practices.